Tag: FDI in Canada

A leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, Marcus & Millichap, Inc. has expanded into Canadian market with the acquisition of Canada based Primecorp Commercial Realty Inc. Primecorp is an Ottawa based commercial real estate service firm that was established in 1998 and provides brokerage services in all product types. Primecorp More …

China based Weichai Power is set to invest $163 million in Canada based Ballard Power System making Weichai Ballard’s the largest shareholder. Weichai’s equity investment of approximately $163 million includes $90 million in technology transfer program to the JV related to Ballard’s next-generation LCS fuel cell stack and power modules for bus, commercial truck and forklift applications in China, joint More …

US based Constellation Brands Inc. is set to buy 104.5 million shares worth $4 billion in Canopy Growth Corp. With the latest round of investment, Constellation Brands Inc. stake in Canopy Growth Corp. will be 38 percent. The investment is the largest in the cannabis sector by Constellation after its investment in Canopy last October. According to Linda Montag, senior More …

A leader in chemical distribution business, Brenntag has signed an agreement with Canada Colors and Chemicals to acquire the latter company’s chemical distribution business. Colors and Chemicals chemical distribution business serves a diversified customer base in industries such as Life Sciences, Water Treatment, Coatings, Construction, Energy and Mining and offers a full line portfolio with operations in industrial Canada. According More …

US based Chick-fil-A Inc. is set to expand to Toronto next year. Chick-fil-A is an Atlanta based fried chicken seller and the company plans to open 15 locations in Toronto area over the next five years with three in 2019. Seventh biggest fast food chain in the US by annual sales number, Chick-fil-A plans to experience and learn from Toronto as More …

Michelin is set to invest $1.45 billion for the acquisition of Camso which also makes specialty tires including snowmobile tracks. The deal is expected to generate $55 million in higher sales by 2021 while lowering the expenses. Closely held Camso, which has had sales of $1 billion’s headquarters in Magog, Quebec will be the two companies off road operations center. More …

New York based Technology Company that has revolutionized the fitness industry; Peloton is set to embark on global expansion with expansion in Europe and Canada. Peloton created the category forming indoor cycling bike and the recently announced Peloton Tread and it will expand into the Canadian and European market by selling direct-to-consumer through its website, www.onepeloton.com, as well as owned retail More …

For the construction of a new state of the art vaccine manufacturing facility, Sanofi is investing €350 million($433.18 million) at the Sanofi Pasteur Canadian headquarters in Toronto, Ontario, Canada. Demonstrating Sanofi’s commitment to innovation and leadership in global public health, the investment bolsters Sanofi’s Canada operations. The new investment is the largest ever investment by Sanofi in a single building More …